About Florida Thoroughbred Breeders Assoc
A non-profit association representing Florida Thoroughbred breeders and the broader Florida Thoroughbred industry; serves as the state's breed registrar, administers Florida breeding and racing incentive programs, provides communications and member services, and advocates legislatively for the industry.
Focus Areas
Thoroughbred breedingHorse racing incentives and pursesRegistry and registration servicesIndustry communications and mediaCharitable scholarships and aftercare
Who They Fund
breedersstallion ownersracehorse owners/registrantshorse racing industry participants
Funding Style
prize/award fundingrestricted program support
About Florida Thoroughbred Breeders Assoc
Florida Thoroughbred Breeders Assoc Inc directs most of its grantmaking into purse supplements for Florida racing, with Gulfstream Park in Hallandale Beach and Tampa Bay Downs in Tampa receiving the largest recent awards. That pattern sits alongside a second stream of support for breeders and stallion owners tied to Florida-bred performance, including awards to Ocala Stud and Live Oak Stud. The foundation’s grantmaking reflects its role in the state’s Thoroughbred industry: it represents Florida breeders, administers breeding and racing incentive programs, serves as the breed registrar, and handles registration services that connect horses to those incentives. Recent awards also show that the organization supports a broad set of industry participants rather than a single track or stable. Florida-based breeder and stallion award recipients include farms and racing entities in Ocala, Morriston, Reddick, Pembroke Pines, and North Palm Beach, with occasional awards reaching outside Florida, such as Stonehedge LLC in Massachusetts and St Elias Stables LLC in New York. The mix of purse supplements, breeder awards, and stallion awards indicates a funder focused on performance-linked payments within the Florida Thoroughbred ecosystem.
What Florida Thoroughbred Breeders Assoc Funds
A core area of support is racetrack purse supplementation. Florida Thoroughbred Breeders Assoc Inc gave $1,152,000 to Gulfstream Park for purse supplement work and $467,200 to Tampa Bay Downs Inc for the same purpose in 2025. Breeder and stallion incentives are another major thread. The foundation awarded $98,769 to Ocala Stud and $74,688 to Live Oak Stud in 2025 under breeder/stallion awards, and it also provided $10,000 to Northwest Stud through stallion awards. The organization also supports scholarship activity tied to the industry. Through Florida Thoroughbred Charities Scholarship, it funds education-related support for participants in the Thoroughbred community. Registration services for Florida-bred and Florida-sired horses are part of its programming, linking eligibility to its incentive and award systems.
How Florida Thoroughbred Breeders Assoc Gives
Typical grants are relatively small compared with the largest purse supplements: the distribution sits at $7,316 at the 25th percentile, $9,766 at the median, and $20,072 at the 75th percentile. The grant list shows repeated support to the same racing venues across multiple years, especially Gulfstream Park and Tampa Bay Downs, which points to recurring programmatic payments rather than one-time awards. The foundation operates through restricted programs such as breeder awards, stallion awards, purse supplements, and registration-linked incentives. It also accepts unsolicited applications for several programs, including Florida Breeder Awards, Florida Sire Racing Incentives, and Florida Sire Stakes.
Financial Snapshot
Annual Giving
$3.1M
Total Assets
$7.3M
Total Revenue
$7.2M
Total Expenses
$7.9M
Typical Grant Size
Most grants fall between $7K and $20K, with a median of $10K.
25th Percentile
$7K
Median
$10K
75th Percentile
$20K
Geographic Reach
Local5 states funded
Funding intensity
LowHigh
Headquarters
Leadership
PEGGY YOST
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